News of Tesla CEO Elon Musk acquiring a 9.2 percent stake in Twitter has fired up the social media platform’s users in a special way today.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1411745
News of Tesla CEO Elon Musk acquiring a 9.2 percent stake in Twitter has fired up the social media platform’s users in a special way today.
Hard to argue this one. Terrible move by twitter.
I’ve got a bad feeling about this.
Generally hated Twitter before this move. Now I specifically hate Twitter.
Tucker spent the first 15 minutes of his show last night saying how great it was. Which creates more questions than answers. For example, how did I stand watching Tucker for 15 minutes?
“Free speech” for Twitter? How about we be allowed to “say gay” in Florida first?
Learned something new from this: it is in fact possible for me to be even more disgusted by Elon Musk than I already was.
If Trump is allowed back on Twitter there will be a mass exodus, for which the board should face scrutiny.
Also, internet companies like twitter have a legal responsibility to police its users - a.k.a. punishing abusers.
In other news, DWAC, the company that is in a deal to acquire TMTG which is launching TROOF Suckuall, is down 17% today, currently trading at $47. It was $70 last week. We may finally be seeing the capitulation of the true believers.
If there are even hints of substantive changes that reenable the virulent RWNJs there will be a mass exodus.
Twitter was terrible about policing before the bans and their algorithms are still crappy, but the platform is usually pretty okay for people willing to curate their feeds. If new board member Elon the Crazy Man-Child effs up the platform, I’ll gladly choose to get my work done and sleep more.
Man, if Twitter puts the Liar-In-Chief back on and there is a mass exodus who will bear the blame?
I am on team “Musk is an asshole but net good for mankind.” He really does have a big part in the growing adaptation of electric cars, and his space stuff ain’t bad either. He is also an asshole with a big mouth who picks fights with my favorite Senator, but that part of his life is less consequential, at least so far. I am happy for him to get bitcoin bros to spend their money on electric cars rather than Jaguars, cocaine, and NFTs. I am also happy to have his rockets shuttle astronauts to space rather than the Russians.
I don’t know how anyone could really expect Musk not getting a seat on the board after buying out almost 10% of the company. If he brings Trump back I will cancel my account, but I doubt his plan is to strong arm the company into such a move. He still wants to sell cars to everyone and a move like that will make for some new enemies. I know I personally still would like a Tesla (if I have a few really good years), but a strong pro-Trump move would be a bridge too far for me. We’ll see what happens.
Maybe. The price has zig zagged up and down through these price levels several times since October. Reality may never set in for the people who think this is a good investment, and if one set of buyers realizes they’ve been burned, another crop of fools will come along.
You should. Elon Musk is the very epitome of a used douche. Truly a horrible horrible person and one of the avatars of plutocracy-made-flesh walking on Earth.
I truly hope he decides to overplay his hand and bring back Trump to Twitter, and I hope it fucking destroys it with a massive walkout from everyone else. Then he can rename it Truth Social and the GQP Trump KKKult can have the dedicated KKKultist-only social media messaging app they always wanted.
Hi Elon - in celebration of your new board seat and ownership of Twitter, I’ve redesigned the logo in your honor.
The whiz kid with the nifty name doesn’t even understand that you can’t tell dangerous lies on a privately owned forum and expect no consequences. Even if the movie theatre is open to the public, you can’t go in there and shout “fire”. Whiz kid should stay in his lane, which obviously does not include social or philosophical issues.
Is it that being rich makes one a dick, or being a dick is a necessary precondition for becoming rich?
As a corollary, why is it that, when many people from humble backgrounds finally come into some money, they start spending and wasting it like it’s going out of style? Is it, as I suspect, a way of reminding themselves and others that they finally have money and don’t have to economize? Like, I’ve got it, might as well flaunt it, or else what’s the point of having it?
Naw… Hopefully you’ll come to TPM and waste the time much better.
We really are ants to the super-rich. For those who have seen average-Joe people morph into terrible ones because of some $1million or two, imagine someone with one thousand times that times one thousand of that…
That’s just one reason why "race* is such a preoccupation.
To keep peoples’ minds off of that.
No it wont. There was supposed to be a mass exodus when Trump was booted, didn’t happen either.